BVI, Caribbeanand International News

UVI to increase Tuition by 14%; Meal Plans by 26%

UVI to increase Tuition by 14%; Meal Plans by 26%

The University of the Virgin Islands Board of Trustees has approved increases to tuition and fees for students, which are expected to start taking effect this fall. The decision was taken during the board’s quarterly meeting on Saturday, March 4, 2023, as the university faces chronically low enrollment and inflationary pressures.
Tuition will rise by 7 percent this year — a necessary increase, said UVI Dr President David Hall and Finance and Budget Committee Chair Oran Roebuck, as the university grapples with rising operating costs and increased financial needs. “For our local students, who qualify for free tuition, this increase will have no effect at all,” said Mr Hall. “We are trying to increase the amount of scholarships that we are providing to students…and we hope that even more of our students will take advantage of free tuition.”

Tuition was last increased at UVI in 2016. The 7 percent hike in Fall 2023 will be followed by another 7 percent tuition increase in the fall semester of 2024 as well.

Students will also pay more for their meal plans, which were last updated in 2011. “The food services operations normally operate at least at a balanced budget,” said Mr. Hall. "But recently, because of inflation and the cost of food going up, they have been operating at a deficit.”

Meal plans will go up by 13 percent this fall and will rise again by the same amount in Fall 2024 as well.

More increases

Other fees will also rise this fall; UVI’s student activity fee will go from $44 to $70 per semester. The extra $26 will go towards funding the operations of UVI’s Wellness Center. The cost of graduation will also increase from $75 to $125 after twenty years, which will cover increasing costs associated with hosting the ceremonies, including diplomas, caps and gowns for graduating students. Students graduating this May will not be affected by the increase.

“We would like to live in a world where we never have to increase prices, but the reality is to address the increasing costs that we are experiencing in certain areas, to address the budget deficit that the university faces, we think that this is a reasonable measure,” said Mr Hall.

The board also agreed to request $43 million from the V.I. Legislature as its annual appropriation for 2023-2024. The request includes funds, according to Mr. Hall, that would address “unfunded mandates” such as increases in payments to the Government Employees Retirement System, health insurance, and property insurance.

UVI’s Board of Trustees approved retroactive pay for 425 former employees who worked from 1992 to 1998. The university will obtain funding to deliver a 3% retroactive payment to those workers, who were reportedly deprived of merit pay.

Permission to pursue a land swap with the Virgin Islands Port Authority (VIPA) was also approved on Saturday by the UVI board. The deal will ultimately need approval from the legislature once it is agreed by both parties.

Related Articles

In a dramatic U-turn against His Government: Judicial Reform Legislation Must Be Halted, Says Israeli Defense Minister Yoav Gallant
Gordon Moore, a co-founder of Intel Corporation, died at 94
Powell: Silicon Valley Bank was an 'outlier'
Donald Trump arrested – Twitter goes wild with doctored pictures
NYPD is setting up barricades outside Manhattan Criminal Court ahead of Trump arrest.
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Home Secretary Suella Braverman tours potential migrant housing in Rwanda as asylum deal remains mired in legal challenges
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
Jeremy Hunt insists his Budget will get young parents and over-50s back into work
If this was in Tehran, Moscow or Hong Kong
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
Mexican President Claims Mexico is Safer than the U.S.
A brief banking situation report
Lady bites police officer and gets instantly reaction
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
BBC Director General, Tim Davie, has apologized, but not resigned, yet, following the disruption of sports programmes over the weekend
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Senator Tom Cotton: If the Mexican Government Won’t Stop Cartels from Killing Americans, Then U.S. Government Should
Banking regulators close SVB, the largest bank failure since the financial crisis
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Don Lemon, a CNN anchor, has provided a list of five areas that he believes the black community needs to address.
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
Givenchy Store in New York Robbed of $50,000 in Merchandise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
U.S. Jet Shoots Down Flying Object Over Canada
Being a Tiktoker might be expensive…
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and JD.com, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.